Rising freight costs, shipping delays and uncertainty around the Strait of Hormuz could weigh on shipments to Europe and the Middle East, warns industry body. Escalating geopolitical tensions in West ...
Iran is militarily far better equipped than its Houthi proxies in Yemen, which caused considerable damage and disruption in ...
Since Feb. 28, at least 16 merchant vessels have been attacked in the Strait of Hormuz and its adjoining waters (Persian Gulf and Gulf of Oman), killing 8 seafarers, with one still missing. w/ ...
A masterpiece of composition, timing, and perspective – now shortlisted for the LCE Photographer of the Year 2026 Awards – but will it take the crown?
Shipping containers at the Shanghai port in January. Iranian strikes on cargo ships and on Oman's biggest port have ratcheted up concerns about the global shipping business, adding another economic ...
OOCL reported its 2025 financial results, with revenue falling 9.2% to $9.7 billion while net profit stood at $1.52 billion, a decrease of 41.2%. As noted by OOCL, the global economy remained highly ...
Taipei-listed boxship and bulker group says its service network and flexible vessel deployment helped it to maintain a sixth year in the black ...
Iran continues to launch missile and drone strikes across several Middle East countries as Trump warns over the Strait of ...
The latest attacks marked an escalation in Iran’s campaign aimed at generating enough global economic pain to pressure the ...
Navios Partners owns just one vessel fitting that description — the 93,062-dwt Copernicus N (built 2010), which is also the only post-panamax in its 65-strong bulker fleet. The ...
A towering OOCL mega-containership on its way to the Port of Long Beach ran into brutal North Pacific weather and left dozens ...
Air freight rates have risen by ​as much as 70% on some routes since the start of the U.S.-Israeli war on Iran, data shows, as the conflict limits flights, blocks some ‌ocean shipments and pushes up ...